Remember when PolitiFact called Mitt Romney’s ad stating Obama “sold Chrysler to Italians who are going to build Jeeps in China” 2012′s “Lie of the Year?
Well, Politifact’s “2012 Lie of the Year” turns out not to be a lie at all. Not only is Chrysler / Fiat building a Jeep in China (for the China market), FCA (Fiat Chrysler Autos) is actually planning to construct three Jeep vehicles in China:
Fiat and Chrysler announced plans Saturday to build three new Jeep models in China for that market, the biggest for the vehicles outside the United States, as they attempt to boost sales in a country where they lag behind their competitors.
The automakers said they will expand their joint venture with China’s Guangzhou Automobile Group Co. Ltd., and increase the portfolio of Jeeps, which are currently imported to China.
Production is expected to start in late 2015 in Guangzhou, the companies said in a statement, adding that they are considering a Jeep model “uniquely designed for China.”
Chrysler Group LLC spokesman Gualberto Ranieri declined to provide details on that model. He said in an email that more information will be announced at an “appropriate time.”
Fiat and Chrysler CEO Sergio Marchionne, who plans to complete the legal merger of Fiat and Chrysler by the end of the year, said in the statement that the deal represents the next phase in the “expansion on a global scale of the Jeep brand.”
Chrysler building Jeeps in China for the China market is actually a good thing. It causes a few more dollars to flow back to our shores.